FX.co ★ Bitcoin Erases 2026 Gains

Bitcoin fell below $92,800 on Monday, dipping beneath last year's closing level and settling approximately 30% below its record high of $126,250 achieved on October 6th. Over the past month, significant buyers such as exchange-traded funds and corporate treasuries have retreated, while tech stocks have also slowed down, leading to diminished market support and a reduced willingness to take on risk.